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Google Inc. announced financial results for the third quarter which ended September 20, 2005. Google reported record revenues of $1.578 billion, which is up 96 percent compared to the third quarter of 2004.
Google Inc. says its third quarter profit rose more than sevenfold while its revenue doubled.,Google also reported its third quarter results were up 14 percent compared to last quarter.
"Although this is typically a slower season for internet properties, we had another exceptional quarter. Our focus on end users and on quality of information and advertising worldwide continues to work extremely well. We are very pleased with how well this is working at scale," says Eric Schmidt, CEO, Google.
Revenues generated on Google's partner sites, through AdSense programs, contributed $675 million, or 43 percent of total revenues. This is a 7 percent increase over network revenues of $630 million generated in the second quarter. |
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